Question 13 1 pts Standup Desks is evaluating a project with the following after tax cash flows The company's required rate of return is 13 percent. What is the projects not present value (NPV)? Year After-Tax Cash Flows 0 (5220,000) 1 150,000 2 110,000 O 12.59% (51.110.500 $218.889.50 540,000.00 $1110.50 Question 14 1 pts Clear Contacts is evaluating the following independent projects: Project CD GH RS IRR 15.0% 13.0 10.5 Risk High Average Low Clear's policy is to adjust its average required rate of return, which equals 12 percent, when the risk associated with a project is determined to be either higher than average or lower than average. The adjustment for higher than average risk projects is 4 percent and the adjustment for lower-than-average risk projects is 2 percent Which project() should Clear purchase? O Projects CD and C should be purchased, because they both have is greater than 12 percent. Projects GH and RS should be purchased Om Project CD should be purchased, because it has the highest IRR. None of the projects should be purchased Only Project RS should be purchased. Question 15 1 pts Greater Good Glass (GGG) plans to issue a new bond with a coupon rate of interest equal to the yield to maturity (YTM) on its existing bond. The existing bond, which was issued five years ago, has a coupon rate of interest equal to 7.0 percent, 15 years remaining until maturity, and a face value equal to 1,000. Interest is paid semiannually. The market value of the existing bond is $1,335,95. What is GGG's before-tax cost of debt, rd? GGG's marginal tax rate is 35 percent. 7.98% 4.00% 485 3,90 02.00%